Steely Dan lead singer Donald Fagen is suing the estate of bandmate Walter Becker in a move to assert an alleged right to exclusively exploit the band's brand.
At the center of Fagen's lawsuit is a 1972 buy-sell agreement signed by the original band-members when Steely Dan was incorporated. According to the complaint filed November 21, 2017 in L.A. County Superior Court, the contract provides that whenever a member of the group quits or dies, Steely Dan purchases all of that member's shares in the group. Fagen is also suing the group's business-management firm, Nigro Karlin Segal Feldstein & Bolno, in an effort to obtain an accounting, claiming the firm has been withholding records. more
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